Are you on the lookout for ethical investment options in Denmark that adhere to Islamic principles? Halal stocks offer a suitable path for investors seeking to align their financial goals with their religious beliefs.
This article will walk you through the halal investment landscape in Denmark, offering guidance on how to create a Sharia-compliant portfolio while maximizing your financial potential. Whether you’re an experienced investor or just starting out, this guide will help you discover the available halal investment options in Denmark.
List of 20 Halal Stocks in Denmark by Market Cap
Company Name | Ticker | Market Cap | Shariah-Compliance Status | Halal Ranking |
Novo Nordisk A/S | NOVO B.CO | DKK 3.80T | Halal | ★ ★ ★ ★ ☆ |
DSV A/S | DSV.CO | DKK 224.57B | Halal | ★ ★ ★ ☆ ☆ |
Coloplast A/S | COLO B.CO | DKK 211.19B | Halal | ★ ★ ★ ★ ☆ |
Vestas Wind Systems A/S | VWS.CO | DKK 196.01B | Halal | ★ ★ ☆ ☆ ☆ |
Novozymes A/S | NZYM B.CO | DKK 184.64B | Halal | ★ ★ ★ ★ ☆ |
AP Moeller – Maersk A/S | MAERSK B.CO | DKK 152.28B | Halal | ★ ★ ★ ★ ☆ |
Demant A/S | DEMANT.CO | DKK 76.87B | Halal | ★ ★ ☆ ☆ ☆ |
Chr Hansen Holding A/S | CHR.CO | DKK 72.81B | Halal | ★ ★ ★ ★ ★ |
Rockwool A/S | ROCK B.CO | DKK 45.56B | Halal | ★ ★ ★ ★ ★ |
Copenhagen Airports A/S | KBHL.CO | DKK 42.85B | Halal | ★ ☆ ☆ ☆ ☆ |
H Lundbeck A/S | LUN.CO | DKK 33.47B | Halal | ★ ★ ★ ☆ ☆ |
Ambu A/S | AMBU B.CO | DKK 31.23B | Halal | ★ ★ ★ ★ ★ |
ALK-Abello A/S | ALK B.CO | DKK 29.30B | Halal | ★ ★ ★ ★ ★ |
H Lundbeck A/S | HLUN A.CO | DKK 25.81B | Halal | ★ ☆ ☆ ☆ ☆ |
FLSmidth & Co A/S | FLS.CO | DKK 17.72B | Halal | ★ ☆ ☆ ☆ ☆ |
Netcompany Group A/S | NETC.CO | DKK 14.09B | Halal | ★ ★ ★ ★ ☆ |
Ossur hf | OSSR.CO | DKK 13.23B | Halal | ★ ★ ☆ ☆ ☆ |
Bavarian Nordic A/S | BAVA.CO | DKK 12.36B | Halal | ★ ★ ★ ☆ ☆ |
Chemometec A/S | CHEMM.CO | DKK 8.69B | Halal | ★ ★ ★ ☆ ☆ |
Cbrain A/S | CBRAIN.CO | DKK 6.74B | Halal | ★ ★ ★ ★ ★ |
Balancing Religious Beliefs and Financial Choices in Denmark and Norway
Muslims in Denmark and Norway face a dilemma when it comes to taking loans due to the Islamic prohibition on interest (riba). Some feel the need to take an interest-bearing loan to buy a home, while others avoid it based on religious beliefs. These choices lead to different socio-economic outcomes, with some participants opting for mortgages and others rejecting them purely on religious grounds. The decision also affects their sense of inclusion or exclusion in Danish and Norwegian society. Despite this, the demand for Sharia-compliant financial products remains significant, though the availability of such options is still limited.
Source: Nordic Journal of Religion and Society
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